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Posted by
Two Blokes Jun 20 -
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New York, New York--(Newsfile Corp. - June 20, 2025) - MiMedia Holdings Inc. (TSXV: MIM) (OTCQB: MIMDF) (FSE: KH3) ("MiMedia" or the "Company") hereby gives notice to the holders of its outstanding 10% Unsecured Convertible Debentures (the "Debentures"), in accordance with Section 2.12(3) of the Convertible Debenture Indenture between the Company and Odyssey Trust Company dated March 14, 2023, as supplemented by a supplemental convertible debenture indenture dated July 20, 2023, that, subject to the approval of the TSX Venture Exchange, the Company will make its upcoming June 30th interest payment (the "Interest Payment") on the outstanding Debentures in Subordinate Voting Shares. The number of Subordinate Voting Shares to be issued to each holder of Debentures will be determined by dividing the amount of the Interest Payment payable to such holder, being an amount equal to $50.00 for each $1,000 principal amount of Debentures, by the Market Price (as defined in TSX Venture Exchange Policy 1.1 - Interpretation) per Subordinate Voting Share on June 30, 2025.